Access Power selects 50MW Nigeria solar plant as ACF financing winner

A 50MW grid-tied solar PV plant in Nigeria’s Kaduna state has been selected as one of the winners for financing under Access Power’s Access Co-Development Facility (ACF) fund – the first crowdsourcing origination platform of its kind that provides funding to local developers.

Canadian Solar secures funding partly for 191MW project in Brazil

Solar power company Canadian Solar announced Monday that it has secured US$20 million in funding from the China and Portuguese-led Countries Cooperation and Development Fund (CPDFund) to support a number of solar projects in Brazil — including the 191MW Pirapora I Project in the state of Minas Gerais.

Spruce closes US$105.4 million in round of debt financing

Spruce Finance, a provider of consumer financing for residential solar and home efficiency improvements, has closed a US$105.4 million round of debt financing with Investec and Silicon Valley Bank (SVB) as the lead arrangers.